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this wall. >> i can hear you. >> the time for change has come! chris: is nothing sacred? if there's no big deal on the national debt, with the 2012 republican challenger run on empty? can he or she carry the burden of rejecting big deficit reduction? what about obama, if there's no debt deal, will he have to defend the liberal label next year? the knives are out. should john boehner expect a full-blown mutiny. is eric cantor the number two house republican leading the tea party against their own speaker? finally, family business. michele bachmann's number one in iowa but her family business about become her number one problem. it works to confer gays to straights. will that strike voters as sensible? will it sell on the stump, even among conservatives? hi, i'm chris matthews. welcome to the show. with us today, "new york" magazine john heilemann, cnn's gloria borger, nbc's kelly o'donnell and "time" magazine's joe klein. first up, narrative has been about trying for a big debt reduction deal this year but the political consequences for barack obama and g.o.p. nominee next year are the real
's here to dish on the debt and deal in taxes. and big money, big problems? mitt romney's campaign is debt free, but where is all that money coming from? we'll tell you why it could add up to a little bit of trouble for the republican front-runner. good morning, it's monday, july 18th, 2011. i'm chuck todd. just 15 days until default day. let's get right to my first reads of the morning. it's a week of public spectacle and private wrangling. efforts to get a big debt deal done has failed. >> when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil. it took clinton and gingrich. the president is out there. he's willing to do it. he said it in the state of the union, he said it in the budget. the question is, do we have a partner to work with? and i hope the answer to that is yes. >> this week we'll see a two-track process. publicly, leaders will get a few votes out of the way to allow conservatives to get on the record on a balanced budget amendment and set the table that nothing besides the final deal can pass. meanw
a serious big-time compromise. have the tea partiers handed him a huge advantage? has he won the reasonable middle? could barack obama win next year even with a 9.2% jobless rate? it would be tough, but some smart politicos say not impossible. finally, righter than you know. is michelle bachmann too right or just right? with the republican party, which moved right with goldwater, right again with reagan in 1980, and with newt in 1994, be right there for the lady from minnesota? has the hatred of obama made her the perfect champion for a year of attack? i'm chris matthews. welcome to the show. with us today, "the washington post," bob woodward, the national journalist, jamie tarabay, abc's andrea mitchell and "the chicago tribune"'s clarence page. the nasty unemployment numbers are a psychological problem for the country and a huge political burden for this president. has the tea party's flirtation with default on the national debt handed barack obama a huge win, while the vast middle of the country, the middle that decides elections, see the president as the grownup? take a look at poll num
'm thomas roberts. rupert murdoch will testify at parliament tomorrow, this is the big headline, all over the phone hacking scandal that's rocking his media scandal. meanwhile there was a new arrest of a top exec over the weekend, and now the head of scotland yard and his assistant are resigning. if you're keeping score so far, there have been three high-profile resignations, ten arrests and it is not over yet. jim maceda is live in london to bring us up to speed on this. jim, good morning. >> reporter: hi there, thomas. make that four high profile resignations. just a couple of hours ago scotland yard's number two, john yates, also resigned under increasing, extraordinary, really, pressure. that on the heels on his boss's resignation last night. commissioner paul stevenson, he was the head of scotland yard. he, if you will, fell on his sword and said that he could not in good conscience continue with all the challenges to keep the peace in great britain as he and specifically his relationship with the murdock media empire became such a focus of attention. he was calling it a major distra
, but if a shrunken version of the boehner big does -- or if they go to an emergency extension, the president will be right back in the same predicament he's in right now. i think a lot of people are upset. they blame the republicans more than the democrats for the gamesmanship, but the fact is the republicans have also backed the president into a corner, even if they're doing it in a way that's not popular. >> i want you to analyze these two possibilities, one the president could give away more of the store, more spending cuts, maybe enough to get us thus this increase. which would make the redhots happy. no tax increase at all. the other possibility is to marry what boehner wants right now with what mcconned was talking about next year, where next year it can be are can be raised by the president, only the house would have to come back with a two thirds veto, so it seems there is a possibility for compromise, but the easiest thing is for the president to throw the whole bomb game, say, you win this year, not next year. >> i don't think he can do >> i don't think he can do that, chris. when
.5 trillion does not make any of the big issues go away. sooner or later republicans are going to have to swallow some revenue increases. host: what is the purpose of today's news conference from the president? caller: the purpose for the president is to set a delicate balance. on the one hand he wants to claim the political high ground, i assume, saying that he tried and pushed for historic bipartisan achievement. unfortunately, we will like it there. the reason is that republicans will not sign on to a bold, $1 trillion tax overhaul. so, he wants to show the voters that he is the big negotiator. everything that he said the revlon in 2008. but he does not want to poison the well to make these negotiations for the rest of the week. >> what is the main message coming from republicans going into this meeting? >> it would seem that their main message is probably going to stay the same period that we are for a big deal, but not a big tax increase. or any tax increase. once again they will be challenged to expand on this sharp rhetorical edge. id is a distinction without much of a differenc
solution, the big solution which includes tax reform and dealing with entitlements. maybe i am a whistling past the graveyard, but for the first time, i feel a tiny bit of help they can get this done. >> did we hear a suggestion from john boehner this week that a bank might consider an increase in tax revenues? -- that date might consider an increase in tax revenues? >> if you sync social security, not a crazy idea, that is a tax increase -- >>>> it is not a tax increase, it is a reduction in benefits. >> obama has, so far, thrown in the palace. says he wants of the polls close, but that wjla.com -- he says he wants loopholes closed, but that kind of increase does not get you very far. where do you cut? you have to cut everywhere, especially entitlements, especially defense. but you also have to out tax increases. >> has obama at thrown in the towel? >> that is not true. obama, as i understand it, as presented a range of options. the outside one was $4 trillion. the little group decided to drop through the weekend about getting to the big one $4 trillion which would include tax reform, may
. host: mississippi, janet is next. caller: i feel as long as our politicians are bought by big corporations, we cannot trust the word that they say. they will do what the corporations want. the supreme court gave corporations the right to be individuals. they do not have rights like individuals. they are individuals themselves but they should not make the decisions as far as who represents the people. a lot of people would call me ignorant, but i know how to balance my checkbook and if these people cannot balance their checkbook, they need to go home and learn how to. host: fixed the political experts from the book -- brookings institution says -- that they hash it out in private first. your thoughts? caller: my thought is that if people cannot get together and talk it out, compromise, what is the use of having separate get together is? tempore i know that i sound ignorant, but people need to sit down in a circle and come to a conclusion. host: another twitter message from boring file clerk, writing -- host: chattanooga, tennessee. gerry, go ahead. caller: thank you for c-span.
about doing that are very dramatic. i think there's still time to get something big done. the president's made it clear he wants to do something substantial. you know, when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil, it took clinton and gingrich. the president is out there, he's willing to do it. he said it in the "state of the union," he said it in the budget. the question is do we have a partner to work with? and i hope the answer is yes. >> but you suspect it may not be yes. >> leadership requires a partner. >> mr. lew, thank you very much. appreciate your time. >> thank you. >> joining me is assistant majority leader of the senate, democrat dick durbin of illinois, and republican senator from south carolina, author of "the great american awakening: two years that changed america, washington and me," senator jim demint. welcome both. >> thank you. >> good morning. thank you. >> tim geithner, treasury secretary, was here last sunday. i asked him about this ongoing deliberation, and he was emphatic about
is the big bad government is a threat to us. the consumer protection bureau as most americans understand is the government protecting them from abuse by private financial institutions. and they are terrified that the public will see that there is value to a public institution that can prevent them from being abused by private institutions because it undercuts the whole rationale that the government is always bad, always a problem. and that's why we are fighting so hard for it. >> congressman barney frank, democrat of massachusetts, ranking democrat on the financial committee. thank you for your time tonight. >>> texas governor, and gonna run for president guy, rick perry made a very surprising decision today that is going to upset some of his most ardent supporters. i'll tell you about it with a smile when i come back. >>> there are two things happening in rick perry's political life that are on a collision course. the first thing is that he plainly is going to run for president. he is leaking to the press that his wife wants him to run, she is actively encourage ing him to do it. he jus
get something done. there's a real big problem here inside the republican conference, and nobody on the democratic side should be held responsible for that. we are together on the democratic side. we want to get this thing done. we want to put skin in the game, and we seem to be getting pushed back on every front, from the republican side. and that is a real, real big problem. somebody ought to be speaking for the republican party on this issue. >> congressman jim clyburn, thank you so much for being here this morning. >> thank you. >>> president obama proves he's still a prolific fund-raiser. wait until you hear how much money his campaign officially raised with the dnc in the second quarter. that coming up in five minutes. but we've got some breaking news right now. police say three explosions have rocked mumbai, india. it happened in a crowded neighborhood in the central part of the city. the other two blasts hit a famed jewelry market and a busy business district. no word yet on any injuries or deaths. we are working to get more information. we'll have more updates as they be
and other democrats. it's not about increasing taxes for anyone. it's about getting rid of some of the big businesses who do not need these extra funds. host: phil in orlando, florida, an independent. what are your thoughts? caller: good morning. we should work on a grand bargain, instead of a mini-deal. to me, it is basic common sense. we need to get people moving in the process. it could be a national bordering program -- national program to do some work that would stimulate your psychological and social well-being. secondly, we should be making sure the parties are not playing politics and bowling to their constituents, who basically seem like the corporations that are running the government. host: would you characterize the tea party as a corporate complex? caller: the tea party has merits. we understand their protests. there seems to be sort of an ideology attached to it, as well, which is under the surface of the tea party. host: let's talk to william, a democrat in hollywood, florida. go ahead. ay the: i'm going to s grand deal. that's what we need to make. second of all, entitlemen
do if they had a lot of time. they don't have a lot of time right now. >> that's the big question and the big factor at the center of all of this. they don't have a lot of time and they need to move both of these through both chambers of congress and somehow reconcile them, how they're going to do that. >> let me go back to the white house. it looks like these two plans, they're obviously a senate plan by majority leader harry reid and house plan by speaker john boehner. does the white house feel sidelined or left out of thf process? >> i had this question, too, and i talked with one official who said the president can't be sidelined. he is the president. he has the power of the veto pen. he's the one who says ultimately if something moves. although inthe thought is if he was given a plan that could get through congress, i think the thought is how could he do anything but sign it? but certainly the president and the white house have been very much in touch with senate democrats and the roll right now is that senate majority leader harry reid is pretty much the president's lifeline
for future retirees... slash education... while giving huge tax breaks to big oil and the wealthy. we can't rebuild america if they tear down the middle class. priorities usa action is responsible for the content of this advertising. so, at ourbout the same, even though i'm a great driver and he's... not so much. wellfor a driver like you, i would recommend our new snapshot discount. this little baby keeps track of your great driving habits so you can save moy. [sighs] amazing. it's like an extra bonus savings. [ cackling ] he's my ride home. how much can the snapshot discount save you? call or ick today. >> before we ask our seniors to pay more for health care, before we cut childrens' education before we sacrifice our commitment to researchnd innovation that will help create more jobs, i think it is only fair to ask an oil company or corporate jet owner that has done so well to give up that tax break that no other business enjoys. >> there's charles'corporate jet . what iss the president up to? >> he is playing class warfare. there are real loopholes th need to
problem. >> i could go on and on. tom says the fault lies with the system that allows big money, party loyalty and special interests to decide who gets elected. how we started moving down this path. >> very thoughtful responses from all of you. thank you very much. that's it for us. we'll be back tomorrow morning at 6:00 am eastern. >> cnn newsroom with kyra phillips starts right now. hi, kyra. >> hi, guys. good morning. >>> two breaking news stories this morning. first of all, the nfl, it looks like, they might have come together on a deal here. nfl.com is reporting that the players and the owners have agreed on something that will end the lockout. we're following it right now. we're just getting the information in. that means that the players vote will happen later today in more of a formal setting. training camp could start as early as wednesday now, we've been told. david mattingly has been following this for us. he has been live out of atlanta every day, at least he was last week when those negotiations were taking place. david, did you just get word that something came forward ju
: we have to look at the overall big picture. there are going to be times -- you can only spend more than you make for so long and it catches up to you and that is what is happening right now the bank there going to be situations, i imagine, with the federal government has to take out loans and borrow money. but this has been going on for years and years and years. and you cannot continue to do this. if we do not get our fiscal house in order, get our credit -- that our creditors will take control and do it for us. i am not sure that we want that. host: we of gone from a trillion dollar debt to $14 trillion, but is there good debt for the government? someone argues that student loans and mortgages are good debt, and bad debt would be loans for vacations or fancy cars. guest: i do not think any debt is good. it is probably a more acceptable form of debt. but again, i say that there are probably going to be instances, but the problem is when it becomes everything that you -- when you have so much debt that it is overwhelming to everything else, when you have more debt if you can pay. a
they get a tax-exempt status? >>reporter: that is the big question is. any groups that a right, obviously, to form and criticize fox news. the question is, should that be a taxper, subsidized, tax-exempt deductibl activity. media matters is something called a 501 (c) 3 referring to the section of the code that covers it and deductions to media matters are people getting to take off their taxes as if they gave money to the red cross or salvation army. and media matters is increasingly political in recent years and the founder has formatted what is scale add super pac to raise large amounts of money to defeat republican candidates and there are reports that the white house is in the entirely happy with that because they felt he was more effective attacking fox news at media matters. the question is, should that be subsidized by the federal government. deep deep the deep pockets, obviously, george soros and tell us about his past for those that do not know. >>reporter: he is a billionaire, naturalized american citizen and has in the past been caught up in insider trading activity in jump, an
bron james, dwyane wade and chris bosch refer to themselves as the big three in honor of how many quarters they play. >> the world of sports met the world of comedy last night in los angeles. seth myers hosted the annual espy awards which honor the best athletic performances of games in the past year. my alma vaughter vcu won the award for best upset for the win over kansas in the ncaa tournament. it was also a big night for the nba's dallas mavericks. they won the espy award for best team, and mavs star dirk know its ski was named best male athlete. >>> in just a few hours the nominees for the 63rd annual prime-time emmys will be announced. nbc's comedies "30 rock" and "the office" both expected to get nods for comedy, actor and actress. the awards will be handed out in los angeles on september 18th. >>> actress mila kunis may have to break her blind date with a marine who asked her out on the internet. sergeant scott moore asked her to join him for the marine corps ball. but she may have to cancel because she's supposed to be filming two movies that month and may not be able to travel. t
this procedural vote to our viewers and what it means. the big vote still to come. >> wolf, they have something in the rules committee that allows members of congress to basically strike the last word if there's ame amendments and stuff that must go to it. this is a procedural vote. >> you used to work for the speaker of the house when he was newt gingrich. >> the motion is the minority party's shot at an alternative. it will be defeated by the majority. >> it's been really intense over these past 24 hours. it looked very gloomy for the speaker, john boehner. all of a sudden they sweetened the pot for the tea party supporters, freshman republicans, and now it looks like he's going to get this language passed. >> a guaranteed vote on the balanced budget amendment. i think that the speaker of the house would not even be bringing this up if he were not absolutely sure that he did not have the votes to pass it which is why he didn't bring it up yesterday. what's interesting about this is we watched for hours last night. people going in and out of his office. pizza being delivered and all the rest.
Search Results 0 to 42 of about 43 (some duplicates have been removed)